Nestle India rallies as Bombay HC quashes orders of food regulators

Nestle India Ltd surged as much as 5.8 per cent in trade on Thursday, after the Bombay HC quashed orders of food regulatorsNEW DELHI: Nestle India Ltd surged as much as 5.8 per cent in trade on Thursday, after the Bombay High Court quashed orders of food regulators banning Maggi noodles, reports ET Now.

Bombay High Court said that the government did not follow principle of natural justice while passing orders. The court also added that Nestle has to send Maggi samples for testing to 3 independent labs.

ET Now report further added that Nestle can restart manufacturing Maggi if tests find lead within limits.

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